Not far off what my guess on the other thread was...
- a chunk of the money to fund the remaining capex (but still a US$20M shortfall) but basically not part of the deal as it would sit in EnergyX's wholly-owned subsidiary who would own the assets, so you can remove this from your consideration;
- US$50M in EnergyX's untraded scrip which is a Puerto-Rican domiciled company... given the reputation, you can remove this from your consideration;
- Which leaves US$50M in cash or ~A$76M which is basically the current undiluted market cap at 16c.
Once you factor in deal risk, time value of money etc, this is a complete nothingburger.
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11.8¢ |
Change
-0.003(2.08%) |
Mkt cap ! $58.00M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 11.5¢ | $170.7K | 1.408M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 1037274 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 212382 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 1037274 | 0.115 |
18 | 953635 | 0.110 |
16 | 804456 | 0.105 |
22 | 1092781 | 0.100 |
2 | 70000 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 212382 | 15 |
0.125 | 463357 | 28 |
0.130 | 445508 | 11 |
0.135 | 290500 | 7 |
0.140 | 331000 | 4 |
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